The Rotary Foundation is a not-for-profit
corporation that supports the efforts of Rotary International to achieve
world understanding and peace through international humanitarian,
educational, and cultural exchange programs. It is supported solely by
voluntary contributions from Rotarians and friends of the Foundation who
share its vision of a better world.

The Foundation was created in 1917 by Rotary International's sixth
president, Arch C. Klumph, as an endowment fund for Rotary "to do good
in the world." It has grown from an initial contribution of US$26.50
only to more than US$55 million.

POLIOPLUS:
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Rotarians have mobilized by the hundreds of thousands to ensure that
children are immunized against this crippling disease and that
surveillance is strong despite the poor infrastructure, extreme poverty
and civil strife of many countries. Since the PolioPlus programís
inception in 1985 more than two billion children have received oral
polio vaccine. To date, 209 countries, territories and areas around the
world are polio-free. As of June 2004, Rotary has committed more than
US$500 million to global polio eradication.

PolioPlus Partners is a program that allows Rotarians to participate in
the polio eradication effort by contributing to specific social
mobilization and surveillance activities in polio-endemic countries. In
2003-2004, grants were approved in Africa and South Asia for a total of
$330,000.

3-H GRANTS
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Health, Hunger and Humanity (3-H) Grants fund large-scale, one- to
three-year projects that enhance health, help alleviate hunger, or
improve human development. Since 1978, projects in 74 countries have
been funded at a cost of US$74 million. 3-H program is recently in
moratorium.

3-H Planning Grants subsidize the advance planning activities of Rotary
clubs and districts designing 3-H projects of a significant size and
impact. Also in moratorium in conjunction with 3-H Funds program.

MATCHING GRANTS
provide matching funds for international service projects of Rotary
clubs and districts. Since 1965, more than 20,000 Matching Grants
projects in 166 countries have been funded at a cost of more than US$198
million.

DISTRICT SIMPLIFIED GRANTS
support the short-term service activities or humanitarian endeavors of
districts in communities locally or internationally. This program began
in 2003-2004 and, projects in 44 countries at a cost of US$5.2 million
were awarded.

INDIVIDUAL GRANTS
support the travel of individual Rotarians, spouses of Rotarians.
Rotaractorís , and qualified Foundation alumni who are planning or
implementing service projects. This replaced Discovery Grants and Grants
for Rotary Volunteers and began in 2003-2004. Program awards were US$1.1
million.

ROTARY WORLD PEACE FELLOWS:
Each year up to 70 fellows at the masterís degree level are sponsored to
study at one of the six Rotary Centers for International Studies in
peace and conflict resolution. In 2003-2004, 62 new scholars from 26
countries received grants totaling US$3.9 million for the two-year
program.

AMBASSADORIAL SCHOLARSHIPS:
The Foundation supports the largest non-governmental and most
international scholarship program in the world. Scholars study in a
country other than their own where they serve as unofficial ambassadors
of goodwill. Since 1947, over 37,000 scholars from some 110 countries
have received scholarships at a cost of almost US$446 million.

ROTARY GRANTS FOR UNIVERSITY TEACHERS
are awarded to faculty members to teach in a developing nation for three
to ten months. Since 1985, 377 university teachers have shared their
expertise with a college or university in a developing country.

GROUP STUDY EXCHANGE (GSE):
These annual awards are made to paired Rotary districts to provide
travel expenses for a team of non-Rotarians from a variety of vocations.
Rotarian hosts organize a four- to six-week itineraty of educational and
cultural points of interest. Since 1965, almost 48,000 individuals in
more than 11,000 teams from more than 100 countries have participated at
a cost of US$85 million.

The mission of The Rotary Foundation is to enable
Rotarians to advance world understanding, goodwill and peace through the
improvement of health, the support of education and the alleviation of poverty.

Priorities:
1. Align program outcomes/descriptions with the Future Vision Plan.
2. Increase participation and sense of ownership at district and club levels.
3. Provide sufficient resources to achieve the program goals.
4. Develop a business model that supports the Future Vision Plan.
5. Simplify all programs and operations.